The Search for Jobs and the End of Winter

Paul Vigna and Jonnelle Marte discuss job hunters should the end of winter, and Michael Casey looks at the mystery of the founder of bitcoin.

This transcript has been automatically generated and may not be 100% accurate.

... in mm mm mm ... I am Paul beanie look ... eighteen seventy nine only two point three one ... at these levels but two points represents another record on the eve of the five-year anniversary on the day of jobs Friday the monthly jobs report came out this morning ... to the Nasdaq is down a little bit there yet ... did not move too much the market is the point that bought what monthly change in nonfarm payrolls of Fed rate up a hundred seventy five thousand jobs ... of the little bit stronger than the market expected to have a reaction early will see with echoes get employment rate ... picks up just a little bit to six point seven ... so the job market a little better than we might've thought in February but we know it has been terrible we know the BOE weather was a big deal ... and we know ... job hunters along with everybody else will be very happy that winter is gone why to know Mark taper MarketWatch is here I will support the huge hit you up ... I think it's ... we know that winter is that right for the economy for John ... it's really that the fill in for John ... and if you look at the number is there were six hundred and twenty six thousand people who have casting could not get to where it has left my desk just this last month at the end could not this alert because of ... the cold sweat it ... and that will is up on average a transfer for Brady averages read of one hundred and fourteen thousand ... so that shows that this year so far has been pre back for people trying to get to a REIT ... this that's ... for dang awesome to think about people who are looking for a job ... you know when it's five degrees outside bet on a very not very motivated to get out Friday ... but you may not be able to depending on where you live in and talk about ... role it's the height you know ... Baidu is that the image to get too excited to sing because it is a chopstick on the part that is ... usually the only thing ... that whether we think ... will employers are hiring because people are going up by saying ... the part of it also is building the other side of that which is ... they can get the body in the door to write exactly so well ... economists were telling me is that some say stocks that people ... think that they think some of the high and it didn't happen because of what it ... could start to happen that they decided to warm up our ... I hope that it will ... on and we can see some of those jobs coming in March and beyond ... on a new awesome to look at how all ... lead me and that that's basically it is that some of the highest come back and hiring tends to pick up only when the weather you Datsun sure why ... it does is create ... somewhat of a backlog of that either makes it ... better or worse yet I mean by their employer is that the job still have not been able to filter them more anxious to buy or ... sell side and says it is a little bit of backtracking and because of the cool weather and then we will start to see you know he said when people start to go out shopping but see even more because the weather will be just ... the two might seem that it's ... the people of the spending more money into the wanted man for people to serve those people spending money ... so I you know ... it said the backlog and then there's that the fact that hiring picks up when the kids are and you it's the ... right to know that stuff think you're a much thank you ... when we come back ... as the mysterious ... creator of bitcoin been masked ... old Navy ... this is the answer right now like a still give us the latest coming up next ... a ... one day ago we thought we'd Ilbo suppose she Nakamoto was ... you see the report Rattles the bitcoin world ... the last twenty four hours this world has changed ... while dramatically and it's been kind of crazy in my Casey is here ... with the latest on ... what to call isn't ocean out of the race I think it's a skill we enter a mean this is more of that it's ... some respects is just that ... at deeper will confusing ... in its stories don't fully understand ... I mean you basically say we had mock gives the costs of the story Newsweek line that they had found the mysterious Toshiba cover story the true pro ... that you know it was this guy is in the summer reclusive Japanese of May in easier to an elderly in California ... and he ... didn't intend to deny that would offer a bit of wild goose chase people Phone around the city adds up to the need to get the sense that this is that no sole mate ... but and that's the right to the door and that's not the Moto droids ... recently with the names of those people right but supposedly sued synonymous name was used by the founder ... so that the Dorian Tilson Newsweek says this is the guy the guy says I'm not the guy ... on news that stance by the story was to put that out portly they said they say he is the guy ... on ... there's more to this show was the absolutely just like the best legacy costs is that this is that I'm ... on a message for the was used by whoever that suppose to go to was actually did found bitcoin use back into thousandnine releases software ... lots not the same person the same address if you are right on the board has the people fighting the Austar on the debt was done working on that was signed by and not ... Dorian all and yet it effectively ... but the next day ... aam and and that isn't that it's in tune with that person has posted it is actually the actual submission of twenty oh one up now ... does that mean it's ... Dorian who did himself came back and did this or is it somebody else we don't know I mean it's it's ... it's effects of the one that magazines would against this manner it's the it's ... um and the industry will continue in this is the ... fundamental cause of the folklore of the call ... the idea that we don't know and I think it's that feeds into its mystique of its appeal anybody else ... the sense of it so that means that this ... does not it ... is ... identifiable we bill which creates some to problems and says ownership in ... and never the right and left out the image before this one either wanting for up to my Cayman for the machete was the ... the white paper from two thousand ate the Nakamoto prefer it that that that brought the white paper worry first explain to a point ... that the ... bigger question Mike is yes this is the folklore bitcoin yes this is ... look it's a great media story ... I how much does this really matter ... to be quite so ... well if he becomes more of the story than the issue itself ... I he becomes associated with if they do finally unveiled him and we know that it is with the dispersed of some of the Fed's in ... its name ... then ... I think it becomes a little complicated perhaps right it means ... that this person becomes ... I was twenty doesn't it isn't within or bad it was so that becomes associated with with what ... bitcoin is to the reputational component or ... get ahead ... it could put to rest low The conspiracy theories of people have that that the NSA to this EIA created There is created by dimethyl somewhat that ... I set that may help as well ... um do this alone boasts that is to questions of the view was all than and will see me with posting and will report on the loss of ... my Casey thank you very much ... when we come back to the basketball market the bull market turns five this weekend ... to Chatfield the year with some reminiscing ... happy anniversary bull market this week in my thigh ... this marked nine five years ago bull market started this be the tenor of the Essen P up eighteen eighty of the three point nine euro ... but it's a record eight ounce ... down industrials up sixty points ... after this morning's jobs report which came in a lot better than expected ... Nasdaq still down though in the red ... market bull market five years old this weekend what does that mean ... Chuck Jaffe joins us drops in from Boston ... shock you remember the time I'm sure five years ago ... yes but nobody was celebrating it I mean I was like anybody set out a bull market and more ... nobody said that ... no in fact ... quite the opposite around the time that the bull market was born everybody and pulled all their hair out was ... basically feeling like the market was going to beat them into submission and they were deciding whether or not they were going to submit and ... wind up toy now ... and ... obviously the March Nikkei that night that was the time to buy at the bottom ... Dow's up a ... hundred fifty percent since then the Essen P a is little more than that ... if you'd bought then you look great ... great I get it but ... that was a painful ... painful experience people went through ... and identify what you're reading this which is that ... people still haven't gotten over that ... while they haven't and they also learn the lessons from right you know the interesting thing is that today you hear from a bunch of people and they have a claim to fame ... about their market ... seeing ability ... and is one of two claims that you hear you hear in two thousand and seven before the financial crisis I was telling people get out of the market ... or you hear them say ... into thousandnine when nobody was recognizing the bull market was about to start ... I was telling my investors to get back in ... you know what you don't hear ... you don't hear any gurus gone yet ... I made both of those coughs and I got both right ... so ... Roth ... that's true maybe that the first twelve seconds that ... first ... is there anybody who made all false ... I'm sure there's somebody I'm also sure they're an anomaly and I'm sure that you wouldn't wanna try the bed you can figure out who they were ... and that's why ultimately ... people need to take the lesson that it is that says ... what's the plan ... I wrote in my column today to Warren Buffett among many famous quotes says you should be greedy when others are fearful ... and you should be fearful when others are greedy ... well if you were ... fearful in two thousand and nine as the market was getting ready to turn in your greedy today after data by her ... year bull market ... you are the other ... Warren Buffett is talking about ... intuitively ... you know one of the others you wanna be like Warren Buffett ... yet I'm so that means you ... have a plan that allowed the latter won out ... so that it ought to be shot ... can you look at ... the last question ... I guess is the five-year run guess everything has gone up tremendously ... you think the market though its review right now the thing people are really cutting into this bull market ... know right now the market has continued to climb the wall of worry you've got people were saying ... the bull market that the end it could end next week and you've got people ... saying ... three years ... that could go on for at least three more years ... the truth is ... at this point I would tell you that what we've learned is that although they may not be ... a quick profit opportunities ... any time the market goes down well if you're a long-term investor it's getting better prices on things that you wanna own for the long term ... so yes it's not bad news when the market goes down ... if you're gonna be around long enough to see it go back to ... II Chuck Jaffe great stuff to soak about the phone call thanks alot ... you bet ... squishy face Bulldogs walked the red carpet in the annual Bulldog beauty contest ... in long Beach California ... I ... I ... the ... the ... the the the ... I ... I ... the delay ... six ... I ... yesterday said ... I ... I ... it's ... I ... on he's wearing the latest person from the Disney store in Sydney on fourth-quarter ... it is over ... then after living ... I ... CEO ... the ball all the good looking ... female ... I ... I ... the the ... the ... that to ... be coming up on WS J live ... the Ironman triathlon is a grueling test of endurance ... a two point four mile swim followed by a one hundred and twelve mile bike race followed by a full marathon ... lunch break is taking a look at how upgraded during training methods ... changing the landscape of this grueling sport that is coming up but knew that sought to MoneyBeat I'm Paul vignette of a great weekend ... I ... ay ay ay mm mm mm mm mm ...